CNN – Business/Consumer

By Danielle Wiener-Bronner, CNN Business Baskin-Robbins is making some changes. The 77-year old ice cream shop is tweaking its logo, employee uniforms and packaging to update the brand. It’s the first major update for Baskin-Robbins since 2006, according to the company. It will also sell merchandise, including bikes and bucket hats, from a dedicated online

By David Goldman, CNN Business Oil prices may have met their match — for now, at least. Crude futures are tumbling yet again, sinking nearly 3%. After nearing $140 a barrel in early March and topping $120 as recently as two weeks ago, Brent futures have fallen in nearly a straight line and now sit

By Reuters Societe Generale said on Monday it had agreed to sell its stake in Rosbank and the Russian lender’s insurance subsidiaries to Interros Capital, a firm linked to billionaire Vladimir Potanin. Russia’s invasion of Ukraine has triggered financial sanctions from the United States, Europe and Britain, prompting Western companies to sell their Russian assets.

By Anna Cooban, CNN Business Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said. Russia attempted to pay in rubles for two dollar-denominated bonds that matured on April 4, S&P said in a note on Friday. The agency said this amounted to

By Zoe Sottile, CNN Have you ever wondered if your baby is cute enough to be the face of Gerber’s baby food? This month you can find out. The 2022 Photo Search, in which eager parents submit photos of their smiling infants for a chance to be Gerber’s “Spokesbaby,” launched on Monday, according to a

By Ramishah Maruf, CNN Abigail Disney shared what she thinks the entertainment company should do in the wake of recent right-wing media attacks. Some conservatives are trying to attach sexual predation claims or allegations of being sympathetic to pedophiles to their opponents as the November midterms approach, and their latest target is the Walt Disney

By Nicole Goodkind, CNN Business Banks have pledged to go green. Yet they can’t seem to ditch coal. Coal, the highest carbon emitting and dirtiest energy source, is the single biggest contributor to human-created climate change. Global power generation from coal grew 9% last year to an all-time high. Over the last three years commercial

By Paul R. La Monica, CNN Business The Federal Reserve’s interest rate hikes should boost lending profits for major financial firms. Now, the big banks will have the chance to prove to investors that they can thrive if rates continue to climb. JPMorgan Chase, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley will all report

By Frank Pallotta, CNN Business “Saturday Night Live” opened Saturday’s episode with one of the biggest stories from this week: the historic confirmation of Ketanji Brown Jackson to the Supreme Court. “Wow, what a day,” President Joe Biden, played by James Austin Johnson, said during the NBC variety show’s cold open. “Your speech was terrific,

By Zoe Sottile, CNN Mattel has released its first-ever carbon neutral toys, including a Matchbox Tesla model made from recycled materials. The new products represent an expansion of the toy company’s sustainable offerings, according to a statement from Mattel. The company has pledged to use “100% recycled, recyclable or bio-based plastic materials in all its